1786 New Jersey Copper, Curved Plow Beam, M. 24-Q, W-4970, High R.7, Fine 15 PCGS....

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1786 New Jersey Copper, Fine 15
Maris 24-Q, One of Five Known
Ex: Maris, Garrett, Picker

1786 New Jersey Copper, Curved Plow Beam, M. 24-Q, W-4970, High R.7, Fine 15 PCGS. 149.3 grains. Dr. Edward Maris, in his 1881 reference A Historic Sketch of the Coins of New Jersey, described his Maris 24-Q variety as "exceedingly rare. I have seen but two." Maris plated his own specimen, the coin in the present lot. It appeared as lot 398 in H.P. Smith's June 1886 auction of the Maris Collection, where it was described as "choice of the only two known."
The present Maris coin reappeared at auction in Stack's October 1984 Richard Picker Collection sale. The variety was cataloged as "two known." Picker, who passed in 1983, had privately acquired the coin from Johns Hopkins University prior to the Bowers and Ruddy auctions of the Garrett family collection. According to Q. David Bowers in The History of United States Coinage as Illustrated by the Garrett Collection, "On June 21, 1886, the Maris Collection crossed the auction block in Philadelphia at Stan V. Henkels & Co. The prized collection of New Jersey cents, many specimens from which had been used to illustrate the Maris reference book on the subject, was acquired en bloc by T. Harrison Garrett."
Today, five examples of Maris 24-Q are confirmed. One appeared graded Fine as lot 786 in Stack's March 1984 auction of the Harold Shaw Bareford Collection. Another was cherrypicked by Mike Ringo at the 1987 ANA convention, and was cataloged as Very Good as lot 1362 in Stack's May 1989 auction of the John M. Foreman, Sr. Collection. The fourth example, grading VF-, is pedigreed to the William Anton Collection and has never appeared at auction. A fifth piece, possibly the finest known, appeared as lot 5398 in the November 2016 Stack's Bowers auction, where it was graded PCGS VF20.
The present lot, the Maris example, has chocolate-brown surfaces with moderate reverse flan striations. The 17 in the date is faint; the 86 is clear, and the remaining legends are bold. A trio of small ticks on the obverse field are of little import.
Ex: Dr. Edward Maris Collection; H.P. Smith, 6/1886, lot 398; T. Harrison Garrett Collection; Johns Hopkins University; Richard Picker Collection (Stack's, 101984), lot 203; William Anton Collection; E Pluribus Unum Collection (Stack's Bowers, 11/2019), lot 6066.

Coin Index Numbers: (Variety PCGS# 756008, Base PCGS# 45424)

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